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Today in crypto, investors are increasingly scrutinizing insider stock sales at Bitcoin miners that pivoted to AI infrastructure, Swift said its blockchain-based ledger is ready for initial use and US Senator Ron Wyden urged Senate leaders to preserve crypto developer protections in the CLARITY Act.
Investors are increasingly scrutinizing insider stock sales at publicly traded Bitcoin mining companies that pivoted toward AI infrastructure after the sector's rally lost momentum, according to the latest Miner Weekly newsletter from Blocksbridge Consulting.
The research firm said the AI narrative helped drive sharp valuation gains for miners repositioning around data centers and hyperscaler partnerships. But with AI-related stocks retreating in recent weeks, attention has shifted to executives and major shareholders who sold stock during the rally, including insiders at TeraWulf, Cipher Digital, Riot Platforms and Core Scientific. Stablecoin issuer Tether also reduced its stake in Bitdeer after the company's AI-driven rebound.
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